Which of the following business units can issue shares?
Answer Details
A public limited liability company (PLC) is the only business unit that can issue shares. A PLC is a type of business structure that is owned by shareholders who share in the profits and losses of the company. The owners of a PLC can raise money for the company by issuing and selling shares, which are portions of ownership in the company. This allows the company to raise capital from a large number of individuals, rather than relying on a single source of funding.
A partnership is a type of business structure that is owned by two or more individuals who share in the profits and losses of the business. However, partnerships do not issue shares and do not have shareholders.
A sole proprietorship is a type of business structure that is owned and operated by a single individual. Sole proprietorships do not issue shares and do not have shareholders.
A central bank is not a type of business structure, but rather a type of financial institution. Central banks do not issue shares and do not have shareholders.